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Hemp coffee on sale for $8.95 on their website.
Sector is a complete flop for the past year. Looks like election season is our only chance at a decent gain. All supposed catalysts are flops followed by excuses. “Impeachment, FDA, Sessions....”
Lotta states with MJ on the ballot in November so I’m not bailing but I’m very ready to be out of this sector. Until 2024 likely
Absolutely. And even if there’s a 1 month CR, it will land right around the time of the RS.
They don’t specify when the 40 day waiting period actually begins. But my guess is Dec. 1st based on that excerpt
By sending you this notice, we are notifying you that we are making the Information Statement available to you via the internet in lieu of mailing you a paper copy. You may print and view the full Information Statement on our website at http://www.canbiola.com. To view and print the Information Statement, click on the link of the appropriate information statement in order to open the document. You may request a paper copy or PDF via email of the Information Statement, free of charge, by contacting us in writing at Canbiola, Inc. c/o Marco Alfonsi, 960 South Broadway, Suite 120, Hicksville, NY 11801 or by calling 516-595-9544. If you do not request a paper copy or PDF via email by December 1, 2019, you will not otherwise receive a paper or email copy.
It’s preliminary info also. Lab results and QR codes will be huge only when the CBD guidelines are set.
We’re the only ones who care about these important steps for now. Setting up perfectly though based on what we’ve heard from Gottlieb!
While I despise the lack of initiative and enthusiasm were seeing from Sipc, these shares are kinda appetizing at this price.
Any sign of life here and I may actually average down for a decent flip.
Vate popped to .07 last time they cancelled shares
But you have a nice holiday as well.
:) I’ll have to settle for Sam Adams here in Texas. Oh well. Win some lose some
No point having shares on the ask if no ones buying...
Article on liver damage via CBD
https://www.healthline.com/health-news/can-cbd-hurt-your-liver-what-to-know-about-a-new-study#The-dosing-problem
Well Mitch intentionally gave the FDA a chance to regulate CBD in his hemp bill and they’re choosing to do nothing. So now we’re back to waiting on congress to pass legislation for him to attach CBD legalization to.
He may very well want the FDA to do nothing so that he can take full credit for the industry’s progress.
Regardless, the goal line never seems to get any closer here.
True. I won’t put any dollars into this particular ticker unless they decide to actually make some beer.
But the sector in general usually provides a good yearly flip.
:) I’ll definitely be moving on. I prefer stocks that go up. This sector doesn’t move anymore. May play a yearly flip with chump change when they drop to these lows.
fascinating that they’re just doing and saying nothing as far as discretion. Heads in the sand.
The longer they let impure, untested, junk CBD products flood the market, the more negative effects (and headlines) we will see.
They’ve been selling all year. All that’s left are stubborn bag holders refusing to take losses. And a few confident believers. I’m personally in camp 1.
Any legitimate progress update and buyers will pounce on these super-cheapies. But only if Ted manages to actually DO something.
If there’s ever another sign of life out of this company then you’ll be correct.
Zero follow thru for an entire year and complete silence from Ted is pretty unsettling.
Hemp is legal though. So why no HIPA expansion? Or MHBA.
IF they manage to uplist very very quickly after the RS plus FDA announces regulations in our favor it may work out. Gonna take a perfect storm. Everyone who does a RS claims its for uplifting reasons. I’ve only seen a couple but they never uplisted. Just collapsed.
Yea I haven’t seen a RS work out for shareholders. Gonna get ugly(er)
One more pump SIPP! That’s all I need from ya...
F*** it I’m in!
I couldn’t possibly care less about vending machines. Hopefully they scrapped the plan and remained focused on products and SAMS units.
We’re in agreement on the bid thing. Buying the ask is the only thing that shows confidence.
Losing all my beer money on a beer stock.... ‘magine that.
Sure wouldn’t mind grabbing some shares here for a flip. If only we could get some sign of life.
Agreed. Media attention goes a long way to either help or hurt overall sentiment. Just pointing out that they’re currently not helping.
Sorry I wasn’t clear on my point, which is that these articles continue to end on that negative “could take years” statement rather than what Is actually going to happen.
Boring article but what stands out is the end statement. Gottliebs quote about the FDA possibly taking years to allow CBD products to be sold.
Complete sector-killer.
https://www.marijuanamoment.net/new-york-state-regulators-file-amendment-to-allow-cbd-hemp-products-in-medical-marijuana-program/
:) well they followed through with the beer for awhile. Tried it myself at several locations and it was good.
They got me. This contract brewer shit is for the birds...
I may very well have made my last SIPC buy.
Not seeing any ambition whatsoever out of this company. Low share price is one thing but complete lack of progress and months of silence is a major letdown.
Been a full year since launching HIPA and nothing has happened since. No new breweries, no new recipes. Pretty bummed this company isn’t fun to watch anymore.
My uneducated guess is that Vate runs ahead first (sales, not necessarily PPS) simply because hemp/CBD beverages are still pretty rare while CBD oil is all over the place. May take awhile for the tested and higher quality brands to rise while the shams fall apart or get taken down by regulations.
SAMS revenue is looking impressive though..
Good news.. glad to see the supply side has finally been addressed by the USDA.
Still a bum sector because most people are on the demand side, which is the FDAs area.
But when that side of the deal gets the green light we will have something to talk about.
I’m not gonna play the timetable guessing game but I’ll throw it out there that I think VATE has the most to gain.
That iced tea can be a mega winner
Gonna take Sipp an entire year to get HIPA into a second brewery. Pretty disappointing since the formula was already TTB approved. I’m feeling zero enthusiasm from these guys
Had a little positive trade war news today + Gottlieb speaks out against the conflicting state/federal MJ laws, hints that rescheduling is needed. Plus they’re narrowing the vape crisis down to off-brand THC cartridges.
https://www.marijuanamoment.net/former-fda-head-floats-federal-marijuana-regulation-compromise-to-address-vaping-issue/
I’m very ready for the media and the feds to take their foot off the sectors throat.